Nordex Explosives Announces Results of 2015 Annual Meeting of Shareholders

KIRKLAND LAKE, ONTARIO--(Marketwired - June 26, 2015) - NORDEX EXPLOSIVES LTD. (TSX VENTURE:NXX) ("Nordex" or the "Company") is pleased to announce the results of its annual meeting of shareholders held in Kirkland Lake, Ontario on June 25, 2015. The shareholders re-elected Joseph Hunnisett, Duncan Middlemiss, Peter Bourgeois, Dr. Lee Michael Luciani, James O'Reilly and Paul De Luca to the Board. The Company's auditors, BDO Canada LLP, were also re-appointed to hold office until the next annual meeting of the shareholders.

In addition, the shareholders approved the proposed amendment to the Company's stock option plan from a "fixed number" plan to a "10% rolling number" plan as well as the creation of a new control person within the meaning of applicable TSX Venture Exchange ("TSXVE") policies. Please see the Company's press release dated June 4, 2015, as well as Nordex's profile on www.SEDAR.com, for additional information. The amendment to the Company's stock option plan and the creation of a new control person are also subject to the approval of the TSXVE.

About Nordex Explosives

Nordex Explosives Ltd. is a Canadian based manufacturer and distributor of explosives for the mining, quarry and construction industries since 1970. Its manufacturing operations and distribution centre is strategically located in one of the world's largest mining regions near Kirkland Lake, Ontario. Nordex is the exclusive supplier of the "Buttbuster" perimeter control explosive products in Canada. Additional information can be found at: www.nordexexplosives.com.

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.